Top 7 Tech Startups from The Dominican Republic You Need to Know About in 2016

The Dominican Republic (DR) is an upper middle income country with one of the fastest growth rates and largest economies in Latin America and greater Caribbean region. Though long known for agriculture and mining, the economy is now dominated by services—many of which are technology-oriented ventures spawned from the fledgling tech startup ecosystem.

Hundreds of young entrepreneurs in the DR have taken their ideas to the next level—below are 7 of that top our list of local tech startups you need to know in 2016.

Karmagy is the first social network targeting philanthropists and altruistic-minded individuals. The goal of the platform is to provide users with an environment that enables personal/professional connections for making the world a better place.

Cuyaya is a leading developer of next-generation mobile applications for the Internet of the Things (IoT). Its modular sensor platform allows system integrators to implement reliable Smart Cities and M2M solutions with minimum time to market. The company also develops machine learning applications and wearable devices.

Targeting Spanish speaking diasporas around the world, meSuma is a personal finance management platform that allows consumers to anonymously connect with potential and existing product and service providers.

Jompéame is a fundraising platform for extreme poverty causes in Latin America (LATAM)—the first of its kind for social causes in the Dominican Republic and LATAM.

From IoT solutions to crowdfunding for social causes, the preceding 7 ventures proof positive that tech innovation is alive and well in the heart of the Caribbean. Be sure to keep an eye out on these startups as they expand their offerings to neighboring markets and beyond.